APS Bank was established in 1910 as one of the projects set up by l’Unione Cattolica San Giuseppe. It was intended mainly to inculcate savings habits amongst the working classes. Since then its role has developed and evolved. As a matter of fact the Bank managed to position itself as a cost efficient financial institution, whilst retaining personal banking as its major strength.
APS Bank has over the years seen a gradual change in both its operational as well as its commercial perspective. Profitability is seen as crucial for the Bank to implement its various social commitments covering many an initiative which is rapidly turning this Bank into Malta’s leading community bank.
The Bank aims at positioning itself better amongst the community in order to enable accessibility. This does not imply that one expects the Bank to open various new branches throughout Malta. In this day and age access and market orientation can be achieved through various other means.
APS Bank is very entrepreneurial and forward looking but simultaneously very cautious and selective about the way it carries on its activity as well as the type of business it embraces in its fold. There are ethical issues that deprive the Bank from considering specific market segments such as gaming. On the other hand, APS Bank very much promotes and supports commercial initiatives which consider important issues to the public at large such as the environment and youth development.
To offer quality financial services in an efficient, cost-effective and ethical way inspired by the social commitment of their shareholders. Customers focus, employee development and innovation are the drivers of their success.
To participate in the economic and social development of both the local and international community by being a key player in the financial services industry.
At APS Bank they are committed in assisting their customer in the process leading to the euro changeover.
The Bank is aware of the importance of such an important event for Malta, and thus is taking an active part in the changeover process by making available to all existing and new customers information about the euro.